Noodles & Co
NDLS
101 hedge funds and large institutions have $229M invested in Noodles & Co in 2022 Q1 according to their latest regulatory filings, with 14 funds opening new positions, 40 increasing their positions, 34 reducing their positions, and 22 closing their positions.
4,252% more call options, than puts
Call options by funds: $2.79M | Put options by funds: $64K
18% more repeat investments, than reductions
Existing positions increased: 40 | Existing positions reduced: 34
1.32% less ownership
Funds ownership: 84.96% → 83.64% (-1.3%)
7% less funds holding
Funds holding: 109 → 101 (-8)
24% less capital inflows, than outflows
Capital inflows: $24M | Capital outflows: $31.4M
33% less funds holding in top 10
Funds holding in top 10: 3 → 2 (-1)
36% less first-time investments, than exits
New positions opened: 14 | Existing positions closed: 22
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAIM
Punch & Associates Investment Management
Edina,
Minnesota
|
+$3.22M |
| 2 |
PC
Plaisance Capital
Denver,
Colorado
|
+$3.09M |
| 3 |
Royce & Associates
New York
|
+$2.18M |
| 4 |
AQR Capital Management
Greenwich,
Connecticut
|
+$1.53M |
| 5 |
Silvercrest Asset Management
New York
|
+$1.34M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
MHP
Manatuck Hill Partners
Westport,
Connecticut
|
-$4.93M |
| 2 |
Hillsdale Investment Management
Toronto,
Ontario, Canada
|
-$3.13M |
| 3 |
WCM
Woodson Capital Management
Greenwich,
Connecticut
|
-$3.07M |
| 4 |
Millennium Management
New York
|
-$2.1M |
| 5 |
Wasatch Advisors
Salt Lake City,
Utah
|
-$2.02M |
NDLS Hedge Fund Activity: Q1 2022 in Review
101 of the 6,362 institutional investors tracked by Wall St. Rank reported a position in Noodles & Co (NDLS) for Q1 2022, worth a combined $229M — down 35% from $352M a quarter earlier.
Sellers outnumbered buyers: 22 funds closed out of NDLS and 14 opened new positions — a net loss of 8 holders — while 34 trimmed existing stakes and 40 added.
The largest buyer was Punch & Associates Investment Management, opening a new position worth an estimated $3.22M. The largest seller was Manatuck Hill Partners, exiting entirely with an estimated $4.93M sold.
- 101 institutional investors held Noodles & Co (NDLS) as of Q1 2022, down from 109 in Q4 2021.
- Funds reported $229M of Noodles & Co stock for Q1 2022, down 35% quarter-over-quarter.
- 14 funds opened new Noodles & Co positions in Q1 2022 and 22 closed out, a net change of -8 holders.
- The largest Noodles & Co buyer in Q1 2022 was Punch & Associates Investment Management, an estimated $3.22M added.
- The largest Noodles & Co seller in Q1 2022 was Manatuck Hill Partners, an estimated $4.93M sold.
Based on aggregated 13F filings for Q1 2022.